MGT 500 Midterm Exam Guide – Questions and Answers

Question 1




(1 ) Which of these is the use of influence to motivate employees to achieve organizational goals?




Question 2




 (2) Monitoring activities and making corrections are part of Answer




Question 3




(3)  ____ skills is the cognitive ability to see the organization as a whole and the relationship among its parts




Question 4




(4)  Who is considered the “first lady of management?




Question 5




(5)  Frederick Taylor’s contributions were in the field of ____




Question 6




| ____ focuses on managing the whole organization to deliver quality to customers.




Question 7




Which of the following cultures values and rewards a methodical, rational, orderly way of doing things?




Question 8




When two or more organizations combine to become one, it is referred to as a




Question 9




____ is a narrative based on true event that is repeated frequently and shared by organizational employees.




Question 10




____ refers to a value characterized by people’s intolerance for uncertainty and ambiguity and resulting support for beliefs that promise certainty and conformity.




Question 11




Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?




Question 12




A cultural attitude marked by the tendency to regard one’s own culture as superior to others is called ____




Question 13




____ is the responsibility that goes beyond societal expectations to contribute to the community welfare.




Question 14




In what stage of personal moral development is a person mostly concerned with external rewards and personal consequences of an action?Answer | | | |




Question 15




The ethical decision approach that requires persons to be guided by standards of equity, fairness and impartiality is the




Question 16




Which of these refers to the financing that consists of funds that are invested in exchange for ownership in the company?




Question 17




According to the Small Business Administration, which of these defines a small business?




Question 18




Which of the following demographic factors distinguish entrepreneurs from others?




Question 19




Which type of plan helps managers implement the overall strategic plan?




Question 20




____ enables firms to cope with unexpected events that are so sudden and devastating that they have the potential to destroy the organization if managers aren’t prepared with a quick and appropriate response.Answer | | | |




Question 21




____ is primarily responsible for strategic goals/plans.






Question 22




Which of these questions is central to a functional-level strategy?






Question 23




Decisions regarding the proper amount of advertising for a particular good or service are related to……………….




Question 24




Which of the following refers to a strategy that combines global coordination to attain efficiency with flexibility to meet specific needs in various countries?






Question 25




Which of the following is a business activity that an organization does especially well relative to its competition?

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